Steven Cohen's Point72 Asset Management fully liquidated its position in Alphabet Inc. (GOOG) during the second quarter of 2026, selling all 197,490 shares previously held. The sale dissolved a stake that was valued at approximately $56.65 million at the end of the prior quarter.
This trade information was disclosed in Point72's 13F filing on August 14, 2026, which details the firm's holdings as of June 30, 2026. These filings reveal portfolio changes from the preceding quarter, meaning the trades occurred between April 1 and the end of June. During that period, Alphabet reported strong Q2 results, with revenue up 24% and Google Cloud revenue accelerating with 82% growth.